Comparing American and Japanese Insurers Financial Strength

• 발행기관: 한국자료분석학회
• 저자명: 정중영(Jung Young Jeong) 정세창(Se Chang Jung)
• 간행물 정보: 『Journal of The Korean Data Analysis Society (JKDAS)』Vol.10 No.3, 1281~1291쪽, 전체 11쪽
• 주제분류: 자연과학 > 통계학
• 파일형태: PDF
• 발행일자: 2008.06.30

영문 초록

Consumers, investors, regulators, and researchers use insurer ratings to evaluate the strength of insurers. Insurer financial strength ratings provide a rating agency s opinion of the insurer s overall financial strength and ability to meet its policyholder obligations. As such, ratings are meant to be a summary of insurer s financial strength. The purpose of this paper is to assess the financial strength of property-liability insurers by using A. M. Best s rating technique focusing on quantitative standards. American and Japanese each six larger property-liability insurers are selected as examples. A quantitative evaluation of these insurers financial strength and operating performance relative to the Best s top group is carried out. The quantitative evaluation is done in 5 key areas; growth, efficiency, profitability, solvency, and liquidity. The results show that advanced American and Japanese insurers maximize their profit by focusing on efficient asset management and underwriting performance in order to take comparative advantages in a competitive industry.

목차

I. Introduction

II. Methodology and Data

III. Results

IV. Conclusion

References

키워드

Property-Liability Insurer American & Japanese Insurers Factor Analysis